Chart to Watch - Starbucks Corp. (Nasdaq:SBUX)

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the Starbucks Corp. (NASDAQ:SBUX).

I hope you are having a GREAT week !

With stocks you use the monthly MarketClub Trade Triangles to tell trend and the weekly MarketClub Trade Triangles to time the entry and exit points.

With the monthly Trade Triangle pointing up and the weekly pointing down Starbucks Corp. (NASDAQ:SBUX) has set up a buying opportunity.

When the weekly Trade Triangle turns red (down) you wait for a new green weekly Trade Triangle (up) and then as long as the monthly Trade Triangle is still green you would go long Starbucks Corp.(NASDAQ:SBUX). Continue reading "Chart to Watch - Starbucks Corp. (Nasdaq:SBUX)"

Why Trade Triangles Matter For 2014

Today, I'm going to be looking at two stocks and their recent Trade Triangle signals.

Netflix (NASDAQ:NFLX)

Netflix, Inc. (NASDAQ:NFLX) provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.

Netflix had a recent Trade Triangle exit signal at $359.04 on 1/6/14. The very next day this stock dropped like a brick and shaved 5.58% off the value of this company. That’s why Trade Triangles matter.

Want to analyze Netflix Inc.(NASDAQ:NFLX) or another symbol? Try our Free Stock Trend Analysis Report.

BLACK CHART NUMBERS
1. Weekly Trade Triangle entry signal @ $334.50
2. Trade Triangle information
3. Weekly Trade Triangle entry signal @ $359.04
4. Netflix down 5.58% in one day.

To summarize, I expect Netflix to be on the defensive in the near-term, unless I see otherwise in the Trade Triangle technology. Continue reading "Why Trade Triangles Matter For 2014"

Chart to Watch - NASDAQ:FEYE

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of FireEye Inc. (NASDAQ:FEYE).

With stocks you use the monthly MarketClub Trade Triangle to tell the trend and the weekly MarketClub Trade Triangles for the entry and exit points.

FireEye Inc.(NASDAQ:FEYE) just broke out Friday, so the analysis if good if the breakout holds, which it looks like it will do.

FEYE is put in a new monthly green Trade Triangle on Friday's (1/3/14) breakout. Continue reading "Chart to Watch - NASDAQ:FEYE"

Change = Opportunity = Gold

Let's face it, without change, there can be no opportunity. As traders and investors, we need to see change in order to make money.

One potential opportunity in 2014 could be gold. In 2013, gold suffered what was perhaps its worst performance as an asset in decades, losing over 25% of its value for the year. This was the first time that gold had a year-to-year loss that I can remember. So in 2014, the question has to be, what's going on with gold and is it going to redeem itself?

Looking at the chart which begins in July of 2012, you can see that gold hit its high and then basically for the next 15 months moved consecutively lower. This high is not the all-time high that was seen in August of 2011 at $1904, but the most significant high for our chart work. Continue reading "Change = Opportunity = Gold"

Chart to Watch - (NASDAQ:RGEN)

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Repligen Corporation (NASDAQ:RGEN).

When trading stocks with the MarketClub system you use the monthly Trade Triangle to tell trend and the weekly Trade Triangle to time the trade entry and exits. Continue reading "Chart to Watch - (NASDAQ:RGEN)"